Bruce Campbell (2)
AdvisorShares Pure US Cannabis ETF
MSOS-Q
BUY
Feb 02, 2021
Cannabis outlook It will grow faster than other industries for the coming decade. The reason is that the large black market will turn legal. Look at what's already happening in the U.S. However, this takes longer than expected, but it will happen. Meanwhile, close to 70% of Americans favour recreational cannabis, and high 90% for medical MJ. The political will is now there, especially with Biden as president. This legalization trend could happen in other countries, perhaps faster than one thinks. You can look at VEXT, Canopy, or MSOS, depending on your risk tolerance.
Cannabis outlook It will grow faster than other industries for the coming decade. The reason is that the large black market will turn legal. Look at what's already happening in the U.S. However, this takes longer than expected, but it will happen. Meanwhile, close to 70% of Americans favour recreational cannabis, and high 90% for medical MJ. The political will is now there, especially with Biden as president. This legalization trend could happen in other countries, perhaps faster than one thinks. You can look at VEXT, Canopy, or MSOS, depending on your risk tolerance.